The Bayelsa Government on Wednesday applauded Federal Government’s decision to set up modular refineries, saying it was a good move to fortify the nation’s economy.
The commendation is in a statement by Mr Daniel Iworiso-Markson, the Chief Press Secretary to Gov. Seriake Dickson.
Iworiso-Markson stated that Dickson made the commendation at the ongoing Oil and Gas Trade Conference (OTC) in Houston, Texas, United States of America.
Dickson said that the refineries, when established, would go a long way to make jobs available for the teeming youths not only in the Niger-Delta but Nigeria at large.
The governor expressed optimism that the refineries, when fully on stream, would curb the illegal refining of petroleum products and reduce casualties associated with it.
He noted that the government of Bayelsa was fully in support of the establishment of the modular refineries.
“We have fully embraced the move; the Bayelsa Petrochemical and Refinery Company Limited is ready to partner with willing investors to ensure that the refineries are established and running.
“Bayelsa, being the home of oil and gas in Nigeria, provides strategic investment opportunities, as well as conducive and secure environment to drive investment in that sector.
“The state’s participation in the OTC is strategic, as it will afford us the opportunity to meet and leverage on prospective investors on various opportunities provided by government.
“Bayelsa has abundant gas feedstock to power the modular refineries.
“It is interesting to note that we already have more than enough gas in abundance to deliver the three modular refineries; the state is good to go.”
On security, the governor assured prospective investors that investments would be fully secured and allayed fears expressed on threats to destruction of pipelines.
Those at the OTC event were Sen. Foster Ogola and Hon. Fred Agbedi, Chairman House Committee on Gas.
Others are Hon. Henry Ofongu, the Secretary to the State Government, Mr Serena Dokubo-Spiff, the Bayelsa Commissioner for Investment, Trade, Commerce and Industries and Mr Kemela Okara, the Chief Economic Adviser to the governor.
The post Bayelsa backs FG’s decision to set up modular refineries appeared first on The Nation Nigeria.